Neometals Ltd (AU:NMT) has released an update.
Neometals Ltd has reported variable results from a six-week pilot program aimed at recovering precious metals from waste, with a second phase of testing underway to confirm consistency. The initial tests processed over four tonnes of material, with some success in recovering gold and palladium using preferred feedstocks and reagents. The ongoing trials’ results, expected in July, will inform the company’s decision on whether to proceed with acquiring an equity interest in Precious Metals Recovery LLC.
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